The Villas at Paperjack Creek

938 Monette Ave, New Richmond, Wisconsin 54017

Contact The Villas at Paperjack Creek

The Villas at Paperjack Creek offer 1, 2, and 3 bedroom apartments. A private entry, garage, and a nice back deck enhance the ease and comfortable feeling of townhome living. This scenic property is located on the end of a cul de sac with quiet open spaces as your back yard. Nestled on the beautiful Paperjack Creek, the Villas have the creek and all nature has to offer just steps away from your back door. Some pets are welcome, but restrictions do apply.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	From $410 To $735
2 Bedroom (2/1)	-	From $660 To $805
3 Bedroom (3/1)	-	From $875 To $935

Eligibility for The Villas at Paperjack Creek

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in New Richmond but actual income limits may differ for units at The Villas at Paperjack Creek.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$43,500	$49,700	$55,900	$62,100	$67,100	$72,050
Low Income (60%)	$52,200	$59,640	$67,080	$74,520	$80,520	$86,460

The Villas at Paperjack Creek Details

44 one, two and three bedroom units.
Water and Sewer utilities included in rent
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program
Section 221 (d) (3)

Property Amenities

Playground
Community Room
Garage
Off-Street Parking
Laundry Facilities
Wheel Chair Accessible

Unit Amenities

Dishwasher
Garbage Disposal
Cable Ready
Patio Deck Or Balcony
Sewer Included
Water Included
Washer and Dryer Included

Nearby Amenities

Close to Public Transportation

Office Hours

Day	Hours
Monday	12:00pm-5:00pm
Tuesday	10:00am-3:00pm
Wednesday	10:00am-3:00pm
Thursday	12:00pm-5:00pm

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Images of The Villas at Paperjack Creek

Nearby Low Income Apartment Communities like The Villas at Paperjack Creek

Croft Place Apartments

233 Croft St

New Richmond, Wisconsin

Rent Assisted

LIHTC

$418-988

1-4 BR

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